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CryptoCharged Newsroom

Coinbase Announces Further Layoffs, Cutting Headcount by 950 Employees

Crypto exchange Coinbase today announced more sweeping layoffs, citing "the ongoing market conditions impacting the cryptoeconomy." In an 8-K filing with the SEC, the firm said that this restructuring would cut the firm's headcount by approximately 950 employees.

Jan 10, 2023Read more: Coinbase Announces Further Layoffs, Cutting Headcount by 950 Employees

Mark Cuban Will Be Deposed for Promoting Bankrupt Crypto Lender Voyager

American billionaire Mark Cuban has been ordered to depose in court next month as part of an ongoing lawsuit against

Jan 10, 2023

Robinhood Shares Worth Nearly $500M Seized in FTX Case

The U.S. Department of Justice (DOJ) has seized more than 55 million shares of Robinhood (HOOD) stock owned

Jan 9, 2023

Celsius 'Earn' Assets Belong to Bankrupt Crypto Lender, Judge Rules

A federal judge ruled that customers of Celsius's interest-bearing "Earn" product had turned over control of their

Jan 5, 2023

January 4, 2023

UK National Crime Agency to Launch Specialized Crypto Team

Jan 4, 2023Read more: UK National Crime Agency to Launch Specialized Crypto Team

The UK’s National Crime Agency (NCA) is set to form a new team with a remit to proactively investigate cryptocurrency crime

Coinbase Reaches $100 Million Settlement with New York Regulator Over Compliance Programs

Jan 4, 2023Read more: Coinbase Reaches $100 Million Settlement with New York Regulator Over Compliance Programs

The New York Department of Financial Services said Wednesday it had reached a $100 million settlement with Coinbase over issues regarding

January 3, 2023

Sam Bankman-Fried Pleads Not Guilty to Fraud and Other Financial Crimes

Jan 3, 2023Read more: Sam Bankman-Fried Pleads Not Guilty to Fraud and Other Financial Crimes

FTX founder Sam Bankman-Fried pleaded not guilty to a series of financial crimes on Tuesday

Ripple Wins US Patent for New Oracle-Based Smart Contract Design

Jan 3, 2023Read more: Ripple Wins US Patent for New Oracle-Based Smart Contract Design

Blockchain payments technology firm Ripple has won a patent for a design that can execute smart contracts based on data collected from the

Gemini Earn Users Pursue Class-Action Arbitration Over Genesis-DCG 'Sham Transaction'

Jan 3, 2023Read more: Gemini Earn Users Pursue Class-Action Arbitration Over Genesis-DCG 'Sham Transaction'

Three Gemini Earn users are seeking arbitration in a class action lawsuit against crypto broker Genesis and its parent company Digital

December 30, 2022

FTX Japan to Refund Customers Starting February 2023

Dec 30, 2022Read more: FTX Japan to Refund Customers Starting February 2023

The Japanese subsidiary of the now-bankrupt crypto exchange FTX is looking to begin returning customer assets from February next year

Bahamas Securities Commission Confirms It Has $3.5B in FTX Assets

Dec 30, 2022Read more: Bahamas Securities Commission Confirms It Has $3.5B in FTX Assets

The Securities Commission of The Bahamas has confirmed it still holds $3.5 billion worth of FTX’s assets

December 29, 2022

BMW to Employ Binance Chain for a Blockchain Loyalty Program

Dec 29, 2022Read more: BMW to Employ Binance Chain for a Blockchain Loyalty Program

Throughout 2022, the crypto market saw the entry of several major firms. Major car manufacturers were seen scouring the NFT space.

Bankrupt Celsius Seeks to Extend Claims Deadline for Burned Users

Dec 29, 2022Read more: Bankrupt Celsius Seeks to Extend Claims Deadline for Burned Users

Bankrupt crypto lender Celsius will file a petition requesting an extension of the deadline for users to submit their claims in the

December 28, 2022

Bitcoin Miner Argo To Sell Largest Facility to Stay Afloat, Stock Doubles

Dec 28, 2022Read more: Bitcoin Miner Argo To Sell Largest Facility to Stay Afloat, Stock Doubles

Bitcoin miner Argo Blockchain is letting go of its largest mining facility to avoid going bust, but will retain ownership of its rigs.

Investors Sue Gemini, Winklevoss Twins Over High-Yield Earn Products

Dec 28, 2022Read more: Investors Sue Gemini, Winklevoss Twins Over High-Yield Earn Products

Gemini Trust Co. and its founders Tyler and Cameron Winklevoss are facing a class-action lawsuit over claims the crypto exchange sold

December 27, 2022

Palau is Collaborating With Ripple to Launch a National Stablecoin

Dec 27, 2022Read more: Palau is Collaborating With Ripple to Launch a National Stablecoin

Cryptocurrencies have been gaining global traction recently. Countries, whether they’re big or small

Fidelity Wants to Give Investment Advice in the Metaverse Say Trademark Filings

Dec 27, 2022Read more: Fidelity Wants to Give Investment Advice in the Metaverse Say Trademark Filings

The $4.5 trillion asset management firm Fidelity Investments has filed three new trademark applications covering a host of Web3 products

December 22, 2022

Caroline Ellison, Gary Wang Plead Guilty, Cooperating in FTX Investigation

Dec 22, 2022Read more: Caroline Ellison, Gary Wang Plead Guilty, Cooperating in FTX Investigation

Two of Sam Bankman-Fried's closest former allies have flipped on him.

British Columbia Suspends New Connections for Bitcoin Miners

Dec 22, 2022Read more: British Columbia Suspends New Connections for Bitcoin Miners

BC Hydro, a state-owned electric utility provider in the Canadian province of British Columbia

December 21, 2022

Gemini's Creditor Committee Presents Plan to Resolve Genesis, DCG ‘Liquidity Issues’

Dec 21, 2022Read more: Gemini's Creditor Committee Presents Plan to Resolve Genesis, DCG ‘Liquidity Issues’

A creditor committee, which includes crypto exchange Gemini, has presented a plan to resolve the “liquidity issues” currently plaguing

December 20, 2022

China’s Zhejiang Province Building $28.5 Billion Metaverse Industry by 2025

Dec 20, 2022Read more: China’s Zhejiang Province Building $28.5 Billion Metaverse Industry by 2025

The Zhejiang Province of China is setting in motion plans to construct a metaverse industry worth more than 200 billion Yuan by 2025.

BlockFi Petitions Bankruptcy Court to Let Clients Withdraw Blocked Assets

Dec 20, 2022Read more: BlockFi Petitions Bankruptcy Court to Let Clients Withdraw Blocked Assets

Bankrupt crypto lender BlockFi has petitioned the U.S. Bankruptcy Court to allow clients to withdraw cryptocurrencies that are held in

December 19, 2022

Binance US to Acquire Bankrupt Voyager's Assets for $1 Billion

Dec 19, 2022Read more: Binance US to Acquire Bankrupt Voyager's Assets for $1 Billion

Binance's American entity, Binance.US, has emerged as "the highest and best bid" for bankrupt Voyager's assets. The total sum is roughly $1.

December 16, 2022

Crypto Bank Silvergate Hit With Class Action Lawsuit Over FTX, Alameda Dealings

Dec 16, 2022Read more: Crypto Bank Silvergate Hit With Class Action Lawsuit Over FTX, Alameda Dealings

A class action lawsuit against Silvergate Bank, Silvergate Capital Corporation, and Silvergate CEO Alan Lane was filed Wednesday in the U.S.

FTX Files to Sell Four Independently Operated Subsidiaries

Dec 16, 2022Read more: FTX Files to Sell Four Independently Operated Subsidiaries

Yesterday, the collapse crypto exchange FTX filed a new motion to the Bankruptcy Court of Delaware to approve bidding procedures for four

December 15, 2022

France Mulls Full-Licensing Regime for Crypto Firms Citing FTX Bankruptcy

Dec 15, 2022Read more: France Mulls Full-Licensing Regime for Crypto Firms Citing FTX Bankruptcy

France may compel crypto firms to get a full license to operate in the country after a lawmaker proposed aligning the country’s laws with

UN Taps Stellar Blockchain to Send War-Impacted Ukrainians USDC Stablecoins

Dec 15, 2022Read more: UN Taps Stellar Blockchain to Send War-Impacted Ukrainians USDC Stablecoins

The United Nations High Commissioner for Refugees (UNHCR), a UN agency mandated to aid and protect refugees

December 14, 2022

Australia to Launch Crypto Licensing Regime to ‘Modernize’ Financial System

Dec 14, 2022Read more: Australia to Launch Crypto Licensing Regime to ‘Modernize’ Financial System

Australia will introduce a new framework for regulating crypto firms next year as part of wider plans to modernize the country’s financial

SBF Denied Bail, Will Fight Extradition from The Bahamas

Dec 14, 2022Read more: SBF Denied Bail, Will Fight Extradition from The Bahamas

A judge in the Bahamas has denied disgraced FTX founder Sam Bankman-Fried's request for bail, calling the former billionaire a flight risk.

December 13, 2022

FTX Founder Sam Bankman-Fried Hit With Eight Criminal Charges

Dec 13, 2022Read more: FTX Founder Sam Bankman-Fried Hit With Eight Criminal Charges

Ex-FTX boss and founder Sam Bankman-Fried has been hit with eight criminal charges